Server maker CacheFlow snags streaming media firm
CacheFlow has signed a deal to purchase privately held Entera Inc. for about $440 million.
The purchase will bring Entera's video and audio streaming software to CacheFlow's hardware, which "caches" information around the Internet so it's closer to the people requesting it. That proximity, while important to quick response times when dishing up Web pages, is critical for delivering streaming audio or video.
Under the terms of the agreement, CacheFlow common stock with an aggregate value of about $440 million will be exchanged for all outstanding shares and options of Entera.